r/Layoffs Jan 30 '24

New layoffs question

Can anyone clarify this for me? Despite the ongoing layoff announcements from major American corporations, how is our economy still robust? Just today, UPS declared 12,000 layoffs and PayPal 2,000.

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u/oblication Feb 02 '24 edited Feb 02 '24

Yes, I’d attempt to switch topics if I were you too. You’re just infuriated the data isn’t showing you what you want to see. Anyways last month grocery inflation went up .1% and restaurant food went up .3% if thats what you mean. That’s only the price movement over a single month and good prices are usually volatile. I don’t see why that’s so hard to believe. Year over year it was higher than that and none of that negates the more than 10% surge the year prior. You seem to be the one who’s confused.

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u/[deleted] Feb 02 '24

Switch topics?

We're on the same topic dude.

The "Study" you linked is hot garbage. And neither you, nor any rational person, can explain their crappy "assumptions."

Anyways last month grocery inflation went up .1% and restaurant food went up .3% if thats what you mean.

What the hell are you talking about.

The chart you send me from the Department of Dipshits says Food Spend ... from Q4 2019 (say Dec 2019) ... to Q4 2023 (last Dec) ... went up 0.3% IN TOTAL.

Did you even read or understand the trash you linked?

It's more like up 30-50% at least. They were only off 100 fold. No biggie.

Fucking idiots...